HomeMy WebLinkAboutA007 - Kingland Systems PowerPoint presentation dated August 27, 2013 I N A 0
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S Y S T E M S
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mes Campustown Project
August 27, 2013
11 This document contains proprietary information about Kingland Systems Corporation("KSC)and is the property of KSC. It is not to be disclosed,in whole or in part,to third parties without the
express written authorization of KSC. It shall not be duplicated,in whole or in part,for any purpose whatsoever. This document shall be returned to KSC upon its request j
Our Vision For The Project
• The existing buildings are inadequate to support the long-term
vision of the project:
Known structural problems severely limit and restrict growth
Handicap accessibility is inadequate
Multiple buildings, varying floor elevations, and numerous masonry
bearing walls on the site create challenges to address larger needs of
Kingland and other potential tenants
Existing buildings do not accommodate flexibility needs of tenants
• Infrastructure - such as water, sanitary sewer, storm sewer - that
supports the site is significantly dated and inadequate
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Our Vision For The Project (continued
• Our vision is to redevelop the site to support the needs of the future
while being sensitive to the history of Campustown which will:
Provide us a home for our long-term needs
Provide additional office space for office tenants
Provide ground floor retail expansion opportunities for potential large
and small tenants
Update the infrastructure to support the area
• We believe this project can be a catalyst for rejuvenation and
continued investment in Campustown
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Our Vision For The Project (continued
• $19 million project
• 3 story, 75,000 square feet building
• Mixture of office and retail space
• Opening up interior of the block for additional parking and safety
access
• Exterior design considerations include:
Building elements scaled to relate to neighboring structures and
pedestrian traffic
Maintain character of existing buildings by utilizing design and
materials that complement the eclectic aesthetic found throughout
Campustown and the ISU campus
A mix of mZIte iais allows for the look of numerous "store fronts"
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Tenants and Project Timeline
• Tenants will include:
25,000 square feet for Kingland Systems office use
25,000 square feet for other office tenants, targeting Iowa State
University
15,000 square feet for a large ground floor anchor retailer
Up to 10,000 square feet for other ground floor retail uses
• Project timeline:
Kingland Systems temporarily relocates to 114 Welch Avenue in early
2014
Construction project commences in early 2014
Project complete in late 2015
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Proposed Redevelopment Plan
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